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Gambling News - 'Horseracing'
                          Industry
                        October 15, 2024
          
          
            Racing Executive Asks for Taxation Changes Amid Tax Hike Rumors
            
              Martin Cruddace, Arena Racing Company’s chief executive officer, has appealed for lower betting duty rates and an increase in the statutory levy. His appeal follows a rumored proposal to increase Britain’s gambling tax. Lower Betting Duties, Higher Levy As the October 30 budget approaches, lawmakers are reportedly mulling over a gambling tax hike, much to […]            
          
         
                  
      
                          Sports
                        October 10, 2024
          
          
            LA Dodgers Pitcher Robbed at California Racetrack
            
              Los Angeles Dodgers pitcher Walker Buehler has been among the victims of theft at a California racetrack. While the athlete is unharmed, he had a very expensive watch stolen, according to reports. The Athlete Had His Expensive Watch Stolen Buehler was among the LA Dodgers players who did not participate in the final regular season […]            
          
         
                  
      
                          Business
                        September 20, 2024
          
          
            The End of an Era: Freehold Raceway to Close on December 28
            
              Freehold Raceway, the oldest horse racing track in the United States, will be closing its doors, marking the end of an era. While the decision to shut down the track was difficult, officials said that its operation cannot continue under the current conditions. The Closure Will Mark the End of an Era Freehold Raceway is […]            
          
         
                  
      
                          Sports
                        August 30, 2024
          
          
            Illegal Horseracing Operators Threaten Industry Integrity
            
              The horseracing industry faces a significant challenge from unregulated illegal betting markets, which threaten the integrity of the sport while siphoning off billions of dollars in revenue. Perhaps the most notorious of those illegal operators is Citibet, an online platform that has become a significant concern for the Asian Racing Federation (ARF). Black Market Entities […]            
          
         
                  
      
                          Industry
                        August 5, 2024
          
          
            BGC and Its Members Mourn the Passing of Paul Darling
            
              Britain’s Betting and Gaming Council (BGC) and its members have paid tribute to Paul Darling, the chair of the Horserace Betting Levy Board, who passed away. Industry representatives thanked Darling for his incredible contributions and expressed sadness about his passing. The Racing and Betting Sector Lost a Great Man Michael Dugher, chairman of the BGC, […]            
          
         
                  
      
                          Business
                        August 1, 2024
          
          
            Southwell Racecourse to Reopen After Extensive Refurbishment
            
              Southwell Racecourse, a thoroughbred horse racing venue in Nottinghamshire, England, will finally return to full working capacity. According to the venue’s official announcement, its refurbishment has been completed, allowing it to completely reopen. The Damage Took Almost a Year to Fully Fix Southwell Racecourse, for context, suffered extensive flooding damage in October 2023 when Storm […]            
          
         
                  
      
                          Sports
                        July 26, 2024
          
          
            NJ Authorities Praise Haskell Stakes’ Spectacular Success
            
              New Jersey authorities have reported a record-breaking volume of bets during the Haskell Stakes at Monmouth Park, one of the state’s biggest horseracing events. According to NJ Attorney General Matthew J. Platkin and the New Jersey Racing Commission, racing enthusiasts have wagered a whopping $21,748,294 throughout the Saturday event, setting a new record. This figure, […]            
          
         
                  
      
                          Sports
                        July 25, 2024
          
          
            Churchill Downs Confirms $90M Grandstand and Pavilion Renovation
            
              The provider of pari-mutuel horseracing, casino gambling and entertainment, Churchill Downs Incorporated (CDI), confirmed its intention for a new massive investment at Churchill Downs Racetrack. The company released details regarding the planned renovation of its Grandstand Club and Pavilion at the racetrack on Wednesday. The latest announcement comes after recently, CDI recently completed a massive […]            
          
         
                  
      
                          Sports
                        July 24, 2024
          
          
            Racing Unprofitable for Bookmakers, Warns Flutter’s UK & Ireland Exec
            
              An executive overseeing two of the UK’s leading sportsbooks recently urged for a change in British horseracing at a time when profits for the sector have been growing despite a shrinking audience. Earlier this week, Ian Brown, the CEO of Flutter Entertainment’s UK and Ireland division, submitted an op-ed for the Racing Post, highlighting a […]            
          
         
                  
      
                          Industry
                        June 24, 2024
          
          
            ARC, RMG, Tabcorp, and 1/ST CONTENT Announce Strategic Partnership
            
              Arena Racing Company (ARC), Racecourse Media Group (RMG), Tabcorp, and 1/ST CONTENT have announced a groundbreaking strategic alliance that unites four leading content providers focused on the horse and greyhound racing industry. This partnership aims to create a global network of rights holders to distribute racing content across multiple international markets. All Four Members Boast […]            
          
         
                  
      